South Korea to discuss 50% tariff on steel products with US, ministry says
ReutersJun 2, 2025 12:41 AM
SEOUL, June 2 (Reuters) - South Korea's Industry Ministry said on Monday it will respond to the new 50% U.S. tariff on steel products as part of the country's ongoing trade discussions with Washington in order to minimise the impact on industry.
The ministry held a meeting with officials from the country's major steelmakers, including POSCO and Hyundai Steel, it said in a statement.
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